Charlie Munger Quotes

Men quickly find a theory that adapts itself to their desires.

Opinion is something wherein I go about to give reasons why all the world should think as I think.

The Fondness we have for Self, and the Relation which other Persons and Things have to ourselves, furnish us with another long Rank of Prejudices.

…the majority of men do not think in order to know the truth, but in order to assure themselves that the life which they lead, and which is agreeable and habitual to them, is the one which coincides with the truth.

There are no such self-deceivers as those who think they reason when they only feel.

Everyone, including skeptics, will generate delusions that match their views. That is how a normal and healthy brain works. Skeptics are not exempt from self-delusion.

Men follow their sentiments and their self-interest, but it pleases them to imagine that they follow reason. And so they look for, and always find, some theory which, a posteriori, makes their actions appear to be logical. If that theory could be demolished scientifically, the only result would be that another theory would be substituted for the first one, and for the same purpose.

Self-interest is an inexhaustible source of convenient illusions. The number of beings who wish to see truly is extraordinarily small.

But men love abstract reasoning and neat systematization so much that they think nothing of distorting the truth, closing their eyes and ears to contrary evidence to preserve their logical constructions.

Wooden-headedness, the source of self-deception, is a factor that plays a remarkably large role in government. It consists in assessing a situation in terms of preconceived fixed notions while ignoring or rejecting any contrary signs. It is acting according to wish while not allowing oneself to be deflected by the facts.

The paradigm helps a person identify the thought system, which is almost always false, that is behind the rationale for the continuation of excuses. It helps them really look at excuses from an objective point of view and realize that everything they've been thinking is just as likely to be not true as it is to be true.

Our civilization is locked in the grip of an ideology - corporatism. An ideology that denies and undermines the legitimacy of individuals as the citizen in a democracy. The particular imbalance of this ideology leads to a worship of self-interest and a denial of the public good. The practical effects on the individual are passivity and conformism in the areas that matter, and non-conformism in the areas that don't

In my experience, you always think you know what you're doing; you always think you can explain, but you always discover, years later, that you didn't and you couldn't. This leads me to suspect that the principal function of human reason is to rationalize what your lizard brain demands of you. That's my idea.

Giving importance to what we think because we thought it, taking our own selves not only (to quote the Greek philosopher) as the measure of all things but as their norm or standard, we create in ourselves, if not an interpretation, at least a criticism of the universe, which we don't even know and therefore cannot criticize. The giddiest, most weak-minded of us then promote that criticism to an interpretation that's superimposed, like a hallucination; induced rather than deduced. It's a hallucination in the strict sense, being an illusion based on something only dimly seen.

Rationalizing is the self-exculpation which occurs when we feel ourselves, or our group, accused of misapprehension or error.

Of course, analysis can sometimes give more accurate results than intuition but usually it’s just a lot of work. I normally do what my intuition tells me to do. Most of the time spent thinking is just to double-check.

In historical fact, all of history's despots, combined, never managed to get things done as well as this rambunctious, self-critical civilization of free and sovereign citizens, who have finally broken free of worshipping a ruling class and begun thinking for themselves. Democracy can seem frustrating and messy at times, but it delivers.

Somehow even a popular fallacy has an aspect of truth when it suits one's own case.

A common fallacy: to imagine a measure will be easy because we have private motives for desiring it.

All my important decisions are made for me by my subconscious. My frontal lobes are just kidding themselves that they decide anything at all. All they do is think up reasons for the decisions that are already made.

Ferris: Are you going to be as impractical as that? Rearden: The evaluation of an action as practical, Dr. Ferris, depends on what it is that one wishes to practice. Ferris: Haven't you always placed your self-interest above all else? Rearden: That is what I am doing right now.

Each of us tends to think we see things as they are, that we are objective. But this is not the case. We see the world, not as it is, but as we are - or as we are conditioned to see it.

But when a man suspects any wrong it sometimes happens that if he be already involved in the matter he insensibly strives to cover up his suspicions even from himself. And much this way it was with me. I said nothing and tried to think nothing.

Why do I want to believe what I believe?... Science, to put it somewhat vulgarly, is a technique to keep yourself from kidding yourself.